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Winklevoss Twins File A New Lawsuit Against Facebook

The Winklevoss Twins have filed a fresh lawsuit against Facebook, accusing CEO Mark Zuckerberg of ‘suppressing evidence' during their previous lawsuit.

Facebook, meanwhile, dismissed the allegations as baseless, claiming that the accusation had already been rejected by the courts in earlier lawsuits.

“These are old and baseless allegations that have been considered and rejected previously by the courts,” Facebook said.

The lawsuit, filed in the US District Court of Massachusetts by Tyler and Cameron Winklevoss and Divya Narendra, claims that Facebook hid critical information from them during the settlement, the BBC (opens in new tab)reports.

The twins, along with their business partner, had originally filed a lawsuit against Zuckerberg for stealing their idea for ConnectU and turning it into Facebook.

The two feuding parties agreed to a $65 million settlement, but the twins changed their minds, arguing that Facebook's true value had been misrepresented when the settlement was reached, and arguing that they deserve more compensation.

The courts had upheld the settlement while the twins had vowed to appeal. This new suit explains why the twins dropped their previous lawsuit, which could only have been appealed to the US Supreme Court. Although most people expected them to lose that appeal, people were surprised that they had decided to walk away from the case. Clearly, they had decided no such thing and were only rethinking their strategy.